This paper presents a single-vendor single-buyer integrated inventory model with an imperfect production process of the vendor. The demand at the buyer is dependent on the on-hand stock (both at the own and rented warehouses) and the vendor offers a quantity discount to motivate the buyer to buy more quantities. The buyer's own warehouse has a limited capacity but, if needed, he can use rented warehouse of unlimited capacity. The vendor fulfils the buyer's order quantity in multiple equal-sized shipments. The objective is to determine the vendor's shipment scheme in response to the buyer's order quantity so that the average total cost of the integrated system is minimised. For a numerical example, the optimal solution of the integrated inventory model is obtained and effects of key model-parameters on the optimal solution are examined.
机构:
Anhui Univ Architecture, Dept Math & Phys, Hefei 230601, Anhui, Peoples R ChinaAnhui Univ Architecture, Dept Math & Phys, Hefei 230601, Anhui, Peoples R China
Min, Jie
Zhou, Yong-Wu
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S China Univ Technol, Sch Business Adm, Guangzhou 510640, Guangdong, Peoples R ChinaAnhui Univ Architecture, Dept Math & Phys, Hefei 230601, Anhui, Peoples R China
Zhou, Yong-Wu
Zhao, Ju
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Hefei Univ Technol, Sch Management, Hefei 230009, Anhui, Peoples R ChinaAnhui Univ Architecture, Dept Math & Phys, Hefei 230601, Anhui, Peoples R China
机构:
Hooghly Mohsin Coll, Dept Math, Hooghly 712101, W Bengal, IndiaHooghly Mohsin Coll, Dept Math, Hooghly 712101, W Bengal, India
Sett, B. Kumar
Sarkar, Biswajit
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Vidyasagar Univ, Dept Appl Math Oceanol & Comp Programming, W Midnapore 721102, W Bengal, IndiaHooghly Mohsin Coll, Dept Math, Hooghly 712101, W Bengal, India
Sarkar, Biswajit
Goswami, A.
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Indian Inst Technol, Dept Math, Kharagpur 721302, W Bengal, IndiaHooghly Mohsin Coll, Dept Math, Hooghly 712101, W Bengal, India
机构:
Anhui Univ Architecture, Dept Math & Phys, Hefei 230601, Anhui, Peoples R ChinaAnhui Univ Architecture, Dept Math & Phys, Hefei 230601, Anhui, Peoples R China
Min, Jie
Zhou, Yong-Wu
论文数: 0引用数: 0
h-index: 0
机构:
S China Univ Technol, Sch Business Adm, Guangzhou 510640, Guangdong, Peoples R ChinaAnhui Univ Architecture, Dept Math & Phys, Hefei 230601, Anhui, Peoples R China
Zhou, Yong-Wu
Zhao, Ju
论文数: 0引用数: 0
h-index: 0
机构:
Hefei Univ Technol, Sch Management, Hefei 230009, Anhui, Peoples R ChinaAnhui Univ Architecture, Dept Math & Phys, Hefei 230601, Anhui, Peoples R China
机构:
Hooghly Mohsin Coll, Dept Math, Hooghly 712101, W Bengal, IndiaHooghly Mohsin Coll, Dept Math, Hooghly 712101, W Bengal, India
Sett, B. Kumar
Sarkar, Biswajit
论文数: 0引用数: 0
h-index: 0
机构:
Vidyasagar Univ, Dept Appl Math Oceanol & Comp Programming, W Midnapore 721102, W Bengal, IndiaHooghly Mohsin Coll, Dept Math, Hooghly 712101, W Bengal, India
Sarkar, Biswajit
Goswami, A.
论文数: 0引用数: 0
h-index: 0
机构:
Indian Inst Technol, Dept Math, Kharagpur 721302, W Bengal, IndiaHooghly Mohsin Coll, Dept Math, Hooghly 712101, W Bengal, India